In little less than five months, Ethereum (ETH) jumped from $1,800 to $4,000. Rising from the $320 support zone currently, Bitcoin Cash (BCH) is getting ready for accumulation. On the other hand, Lunex Network (LNEX) unique DeFi products attract a lot of investor interest.
Lunex Network (LNEX): The Future of DeFi
You may have come across several decentralized exchanges and noticed that they tend to all have one limitation or the other. Lunex Network carefully aims to address the common challenges experienced in this sector. As a groundbreaking DeFi protocol, Lunex Network connects all the isolated blockchains and offers non-custodial trading.
This would give users complete control over their assets and would also save them the stress of having to move from one platform to another when they want to carry out cross-chain transactions. Lunex Network even ensures that transaction fees are kept minimal.
Additionally, unlike traditional DEXs, Lunex Network makes sure that users can swap their tokens instantly and anonymously. They won’t have to connect any external wallets. They also will not need to undergo any KYC checks, keeping things both private and secure. Meanwhile, the LNEX presale is underway with each token priced at just $0.0015 in stage 3.
Ethereum Surge and ETF Launch
From $2,407 to $2,662, Ethereum (ETH) showed a noteworthy price rise over the past month by more than 14%. One of the elements causing this surge, meanwhile, is Australia’s first Ethereum Spot ETF release. Moreover, the altcoin is recovering from earlier September selling pressures.
Monochrome Asset Management’s IETF ETF introduction on the Chicago Board Options Exchange (Cboe) is enabling individuals to trade Ethereum (ETH) directly. Fascinatingly, some people hope this evolution will draw more institutional attention toward Ethereum (ETH).
Apart from the constructive influence of the Ethereum Spot ETF, Vitalik Buterin has suggested improvements to the Proof of Stake (PoS) system. The Ethereum is most likely to gain from network improvements and more adoption even while these developments continue.
Bitcoin Cash Trends
Bitcoin Cash (BCH) has recorded a notable price increase of more than 17% over the past month. The altcoin increased from $326 to $382 within the stated period. Even though there was some volatility during the past month, the Bitcoin Cash was able to sustain above $300.
Still over the past month, Bitcoin Cash (BCH) recorded about 50% bullish days and also had a price volatility of about 3.58%. This shows a potential for the altcoin to keep rising, as observed on the Bitcoin Cash price chart. Meanwhile, traders keep watching Bitcoin Cash for important positive signals ahead.
Conclusions
Meanwhile, Lunex Network, despite being in the presale stage, has raised over $800,000 in presale revenue within some weeks and sold over 665 million tokens.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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